Fincantieri and CSSC Ink Agreement for First Chinese Cruise Ships

Image Courtesy: Carnival Corporation

Italian shipbuilder and ship designer Fincantieri and China State Shipbuilding Corporation (CSSC) signed a non-binding agreement with Carnival Corporation and CIC Capital Corporation (CIC Capital) for the construction of the first two cruise ships to be built in China for the Chinese market, with an option for two more ships.

The understanding is subject to several conditions, including the closing of the joint venture and the financing.

As envisaged by the agreement, the joint venture being set up between Fincantieri and CSSC will act as prime contractor for the construction of two new cruise ships to be built at the Shanghai Waigaoqiao Shipbuilding (SWS), yard of CSSC Group, ordered by the joint venture of which Carnival Corporation, CSSC, and CIC Capital will be part of, with an option for two additional ships.

The new ships will be based on the Vista-class platform, ships built by Fincantieri for the Carnival Group, and the design will be tailored for the specific tastes of the Chinese travelers and for the new Chinese cruise brand of the joint venture between Carnival, CSSC and CIC Capital, which will also operate the units. The first delivery is expected in 2022.

The agreement follows the one of last July between Fincantieri and CSSC for the constitution of a joint venture aimed at developing and supporting the growth of the Chinese cruise industry.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Feb 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 1 2 3 4

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >

APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Shippax Ferry Conference 2018

The two-day onboard ferry conference was first organized in 2003 and grows ever more popular with some 400 delegates from over 40 ferry…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >